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Gratutity

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 September 2011 what enty we will pass if company pay gratuity for his employee to lic.... it is necessary to book provision every year
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U S Sharma

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U S Sharma (Expert)
10 September 2011 payment to LIC graduity fund is deductible expense,

debit Graduity a/c with cash/bank
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